On December 22, 2012, the Compensation Committee of the Board of Directors (the "Compensation Committee") of Advanced Micro Devices, Inc. (the "Company") approved the following retention awards with respect to certain Named Executive Officers of the Company (as set forth in the Company's most recent proxy statement filed with the Securities and Exchange Commission on March 15, 2012):

                                                                        Restricted
                                                                          Stock
  Named Executive Officer                                  Cash           Units

  Mark D. Papermaster,
  Senior Vice President and Chief Technology Officer     $ 450,000          205,450

  Harry A. Wolin,
  Senior Vice President, General Counsel and Secretary   $ 250,000          114,140

These awards will be granted on January 15, 2013 (the "Date of Grant"). The restricted stock units will be granted under the Company's 2004 Equity Incentive Plan, as amended. 50% of the restricted stock units will vest and 50% of the cash will be paid on each the first and second anniversaries of the Date of Grant.